IMS Group (08136) plans to spend approximately HK$2.284,200 to acquire Japanese properties

According to the Zhitong Finance App, Yingmaus Group (08136) announced that on June 30, 2025, Project Across Company Limited, a wholly-owned subsidiary of the company, plans to acquire the property from Sellers Real Estate Co., Ltd. at a cost of approximately HK$2.284,200.

According to reports, the property is a plot of land located at 46-89, 46-90, 46-105 & 49-12, Nakamoto 5-chome, Higashinari-ku, Osaka-shi, Japan. The registered land area of the property is approximately 103.12 square meters.

The directors have considered a number of factors: (i) the foreseeable appeal of the Osaka real estate market; (ii) the property's superior location, surrounding transportation network and current conditions are all conducive to the development and operation of the homestay business in Osaka City; and (iii) the exchange rate of yen against the Hong Kong dollar has been historically low over the past ten years. In view of these factors, the directors are optimistic about the potential for medium- to long-term capital appreciation through property acquisitions.